Lawmakers should choose targeted relief amidst budget uncertainty

State-level budget and tax policy matters deeply for Oklahomans because it directly affects how the state can meet its obligations to our fellow residents. This includes shared services like public safety, education, transportation construction, workforce development, and other programs that… Read more [More...]

Let’s not kid ourselves: Oklahoma can’t run without income tax revenue

Income tax is a necessary revenue source for Oklahoma’s fiscal health. Reducing or eliminating income taxes provides almost no relief for the segment of Oklahoma’s population who needs it most: low- and middle-class taxpayers. In fact, the elimination of income… Read more [More...]

Tax credits are anti-poverty tools | Oklahoma Senate Interim Study | Oct. 10, 2024

Targeted tax credits can be used as a tool to fight poverty in Oklahoma. The tax system is a critical part of the safety net with more than a third of all public support for U.S. families delivered through tax provisions. Hence, tax credits can drastically decrease poverty. [More...]

A county-by-county look at how increasing Oklahoma’s Sales Tax Relief Credit benefits families, seniors

Oklahoma lawmakers this session are considering a measure (House Bill 3353) that would strengthen the value of Oklahoma’s Sales Tax Relief Credit — commonly known as the “grocery tax credit” — to provide meaningful, targeted relief to the Oklahomans who most need it.  [More...]

Cutting taxes this year would be short-sighted and harmful

This legislative session, the Oklahoma legislature is set to consider several proposals that would significantly cut state revenue. Rather than cutting taxes, legislators must consider the state’s long-term fiscal health and its structural deficit by maintaining revenue streams this year and for years to come. [More...]

All Oklahomans pay taxes, but not all of us can reap the rewards

Allowing these workers the opportunity to receive the tax credit can put money back into our state and local economies. Our state should end state-level EITC exclusion for ITIN filers who pay their fair share in taxes and allow them to receive the tax credit they’ve earned.  [More...]

Oklahoma families need economic support following the ending of the expanded Child Tax Credit

In this year’s legislative session, it is more important than ever that we respond to the needs of Oklahomans and invest in an economy that works for everyone. For far too long, corporations across the state have enjoyed tax breaks and cuts while 1 in 5 of our state’s children grow up in poverty. [More...]

The fiscally responsible way to reduce taxes on groceries

Lawmakers should consider significantly expanding the Sales Tax Relief Credit that would provide targeted tax relief to Oklahomans who need it, cost less revenue, and give lawmakers more flexibility to raise revenue in the future.  [More...]

Strengthening the Grocery Tax Credit would provide fiscally smart tax relief to working Oklahomans

At a time when many Oklahomans are struggling to put food on the table and are at risk of eviction, a more robust Sales Tax Relief Credit can help put money back into the pockets of those who need it most. Doing so would bolster family finances, make purchasing food more cost-effective, and stimulate our local economies.  [More...]

Working families got a little of the help they needed this session

Families are the backbone of our society and economy, but too many Oklahoma families cannot keep up. Many Oklahoma jobs pay less than a quarter of what it takes to support a family. [More...]